Economic Trivia

The oil sector accounts for 65% of the GDP, 85% of government revenue, and 92% of exports.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2018): China, Italy, and Singapore
Top 3 Exported Goods (2018): Oil & Mineral Fuels, Ships & Boats, and Wood

Top Industries Source: CIA World Factbook

Petroleum Extraction; Cement; Lumber; Brewing

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $17,608,494,180 (2018)
GDP Growth Rate (annual %) 1.026% (2018)
GDP Per Capita, PPP (current international) $3,358 (2018)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 148/196 (2018)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 2.206% (2019)
External debt stocks, total (DOD, current US$) $5,147,314,227 (2018)
Total tax rate (% of commercial profits) 54.3% (2019)
Real Interest Rate (5 year average %) 20.529% (2012)
Manufacturing, value added (% of GDP) 6.523% (2017)
Current Account Balance (BoP, current US$) ($3,593,571,061) (2016)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 2,184,140 (2019)
Employment in Agriculture (% of total employment) 34.13% (2019)
Employment in Industry (% of total employment) 21.857% (2019)
Employment in Services (% of total employment) 44.014% (2019)
Unemployment Rate 9.472% (2019)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $6,310,124,257 (2018)
Exports of goods and services (current US$) $11,138,571,943 (2018)
Total Merchandise Trade (% of GDP) 102.906% (2018)
FDI, net inflows (BoP, current US$) $4,313,143,665 (2018)
Commercial Service Exports (current US$) $225,956,415 (2016)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Republic of Congo’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment


  1. The World Bank